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Diamonds News
Zimbabwe wants half of royalties paid in gems, precious metals
By: Bloomberg 30th September 2022 Zimbabwe wants gold, diamond and platinum miners to pay half of their royalties to the government in the commodities themselves and the rest in cash, as the southern African country seeks to build its mineral reserves. The Treasury was concerned that the country does not have reserves of the... →
Minerals Council ‘absolutely adamant’ about need for commercially available cadastre 
By: Martin Creamer 29th September 2022 The key objective of transparency in applying for prospecting rights and mining rights – and openly managing them – can be enabled by a commercially available cadastre system. While South Africa does not have such a cadastre, fellow African countries that are already thriving on it include... →
BOD officially concludes Vutomi acquisition after a year of approvals
By: Marleny Arnoldi 28th September 2022 London-listed Botswana Diamonds (BOD) has finally announced the conclusion of acquisition of the outstanding third-party shares in Vutomi Mining and Razorbill Properties 12. The acquisition of Vutomi had been dependent on customary regulatory and competition authority approvals in South Africa. →
Jagersfontein mine dam owner denies second collapse
By: Reuters 28th September 2022 Jagersfontein Developments, the owner of a mine waste dam that partially collapsed two weeks ago, denied on Wednesday that another dam wall had collapsed, contradicting a statement from the Free State provincial government. "There has been no further breach of any kind at the facility," the... →
Petra subsidiary amends offer terms
By: Tasneem Bulbulia 27th September 2022 Aim-listed Petra Diamonds has announced early tender results and the amendment of offer terms for its subsidiary’s invitation to buy senior secured second lien notes due 2026. On September 13, Petra’s wholly-owned subsidiary, Petra Diamonds US Treasury (PDUST) announced its invitation to offer to... →
Green hydrogen, fuel cells important part of any future energy system, says global strategist
By: Martin Creamer 27th September 2022 Green hydrogen and fuel cells will be a very important part of any future energy system, says Switzerland-based energy and sustainability consultancy strategist Dr David Hart. Among the electrolysers that convert renewable electricity into green hydrogen are proton exchange membrane (PEM)... →
Transparency International urges EU sanctions on Russian diamonds, miner Alrosa
By: Reuters 26th September 2022 The European Union should bar Russian diamond imports and blacklist diamond miner Alrosa and its head Sergei Ivanov, Transparency International told Reuters on Monday, as the 27-nation bloc prepares new sanctions over Russia's war in Ukraine. Galvanised by Russian President Vladimir Putin... →
71-ct yellow diamond unearthed at Canada’s Ekati
By: Creamer Media Reporter 26th September 2022 Arctic Canadian, the company that owns and operates the Ekati diamond mine in the Northwest Territories, has announced the recovery of an exceptional gemstone – an octahedron diamond, weighing 71.26 ct. The stone was recovered on August 25, from the Ekati mine’s Misery Pipe. →
South Africans urged to turn exploration into Big Hairy Audacious Goal
By: Martin Creamer 24th September 2022 South Africans have been urged to rally around exploration as this country's Big Hairy Audacious Goal – a BHAG – so that what is described as "our lowest hanging economic fruit" can be turned to positive account. Council for Geoscience CEO Mosa Mabuza, who was speaking in support of the junior... →
New fund-raising product appropriate for junior miners, says JSE
By: Martin Creamer 23rd September 2022 The JSE has a new product that is appropriate for fund-raising by junior mining companies, JSE origination and deals head Sam Mokorosi said on Friday. Mokorosi, who was speaking at Minerals Council South Africa’s Junior and Emerging Miners Desk webinar, highlighted the new product against the... →
Jagersfontein disaster: 2 people still missing, rivers polluted as residents warned to avoid sludge
By: News24Wire 23rd September 2022 Two people are still unaccounted for, nearly two weeks after a mining dam wall collapsed in the small Free State town of Jagersfontein. They are 50-year-old Mantele Mokhali, and 70-year-old Shadrack Williams. →
Conference to evaluate status quo of mining sector
23rd September 2022 The Joburg Indaba, hosted by mineral resources, energy and mining conference specialists Resources 4 Africa, draws together captains of the industry, government officials and investors to present their strategic thoughts on the current state of the mining sector. During the event – to be held on... →
Supervisory programme increases mine production
By: Leah Shelene Asaram 23rd September 2022 Business management consultants OIM Consulting’s supervisory programme has managed not only to improve the efficiency of mine supervisors but also increase mine production. The Coaching to Performance programme aims to encourage mine supervisors to achieve greater competency and capability in... →
World’s largest battery-electric mine truck heading for commercial availability in 2024
By: Martin Creamer 21st September 2022 The world’s largest battery-electric truck for underground mining is on its way to becoming commercially available in 2024. Sandvik’s 65 t TH665B machine removes between 1 t and 2 t of carbon dioxide (CO2) a day, along with heat and noise. →
BlueRock board member steps down
By: Creamer Media Reporter 21st September 2022 Diamond miner BlueRock Diamonds, which is listed on the Aim and operates the Kareevlei diamond mine, in South Africa, says David Facey has stepped down from his board position with immediate effect. "I would like to thank David for his valuable contribution and unstinting support to BlueRock over... →
Geologist urges heritage agency to reconsider decision to backfill historic Jagersfontein openpit
By: Darren Parker 20th September 2022 The decision made by the South African Heritage Resources Agency (SAHRA) on September 15 to permit the backfilling of the historic Jagersfontein diamond mining pit with waste from a second compartment of the tailings dam – to prevent a secondary breach after one compartment of the dam failed on... →
Minerals Council urges faster inclusion of private electricity suppliers
By: Martin Creamer 19th September 2022 The Minerals Council South Africa supports President Cyril Ramaphosa’s electricity recovery plan and urges more rapid private sector participation in resolving the country’s deepening electricity crisis. Minerals Council members have 6 500 MW of embedded energy projects in the pipeline which will... →
Teichmann increases shareholding in BlueRock to aid Kareevlei development
By: Marleny Arnoldi 16th September 2022 Aim-listed BlueRock Diamonds’ major shareholder Teichmann Company has increased its shareholding in the company from 16.72% to 35.46% in the week ended September 16. Including Teichmann’s subsidiaries and employees’ shareholding in BlueRock, which also increased, this amounts to an effective... →
After South African dam collapse, mine waste to be pumped into historical pit
By: Reuters 16th September 2022 A South African company is dumping the sludgy byproduct of mining into a historical diamond pit after the tailings dam that had stored the waste partially collapsed, killing one and leaving scores injured. The government agency overseeing cultural preservation said on Thursday it approved plans... →
ICMM, UNEP, PRI say Jagersfontein tragedy shows urgency of responsible tailings management
By: Marleny Arnoldi 15th September 2022 The co-convenors of the Global Industry Standard on Tailings Management (GISTM) have expressed their disappointment about the tailings dam failure that occurred in Jagersfontein, in the Free State, South Africa, on September 11, saying the tragedy underscores the critical importance of... →
BlueRock announces board shuffle, including new CEO
By: Darren Parker 14th September 2022 Aim-listed diamond producer BlueRock Diamonds, which owns and operates the Kareevlei diamond mine in Kimberley, South Africa, has announced that board member Mike Houston has stepped down with immediate effect. The company expects fellow board member David Facey to also step down later this week. →
Minerals Council, AfriForum establish funds to assist Jagersfontein community
By: Schalk Burger 14th September 2022 Industry organisation the Minerals Council South Africa has launched an internal emergency Minerals Council Jagersfontein Relief Fund for its members to contribute towards urgent humanitarian assistance, the clean-up of the affected area and to assist with the reconstruction of infrastructure... →
SAICE calls for proper management of infrastructure following Jagersfontein tragedy
By: Tasneem Bulbulia 14th September 2022 The leadership and members of the South African Institution of Civil Engineering (SAICE) have extended their “heartfelt condolences” to the families who have lost loved ones and belongings following the wall collapse of the Jagersfontein mine dam, in the Free State, at the weekend, and wished... →
Petra reports record results on several metrics
By: Darren Parker 13th September 2022 Diamond producer Petra Diamonds has reported record results in terms of three metrics for the financial year ended June 30, which CEO Richard Duffy said would allow the company to maximise the benefit gained from a higher diamond price environment. For the year, Petra reported a 103% year-on-year... →
Meteor could hold solution to a mining issue
By: Esmarie Iannucci 13th September 2022 Scientists have discovered a tougher form of diamonds preserved in meteorites from an ancient dwarf planet, which could revolutionalise industrial diamond manufacturing. A research team with scientists from Monash University, RMIT University, the Commonwealth Scientific and Industrial Research... →
Troubled South African tailings dam had history of high water levels
By: Reuters 13th September 2022 South African authorities shut down the Jagersfontein diamond tailings dam in 2020 due to high water levels before allowing it to reopen last year, a company official said on Monday, a day after the dam burst, killing at least one person and injuring 40. Sludge flooded out of the tailings dam on... →
'We won't abandon you' - Ramaphosa stunned by Jagersfontein damage, promises to provide support
By: News24Wire 13th September 2022 One dead, four still missing, more than 50 homes destroyed, scores left displaced, cars overturned on their roofs, and hundreds of animals left for dead. This is the bleak image of Jagersfontein in the Free State, after a mining dam wall collapsed and left a trail of destruction. →
Ministers follow President in visiting Jagersfontein diamond disaster area
By: Martin Creamer 12th September 2022 Following the visit of President Cyril Ramaphosa to the Jagersfontein-Charlesville area in the Free State, Minerals Resources and Energy Minister Gwede Mantsashe will today visit the diamond tailings deposition dam that burst its banks, killing at least one person and destroying homes. Mineral... →
Google map of the Jagersgontein tailings dam, which has burst its banks.
Dam collapse at abandoned South African diamond mine kills three
By: Bloomberg 11th September 2022 A dam at South Africa’s abandoned Jagersfontein diamond mine collapsed early Sunday, triggering heavy flooding that damaged property and killed at least three people. About nine houses were swept away and more than 20 damaged by flood waters after the dam wall of the historic mine collapsed,... →
BME’s AXXIS Silver debuts at sub-zero Lesotho mine
By: Tasneem Bulbulia 9th September 2022 In the mountain kingdom of Lesotho, explosives and blasting specialist BME recently achieved the first blast outside of South Africa with its new AXXIS Silver electronic initiation system. BME – a member company of the JSE-listed Omnia Group – is assisting a diamond mining customer to conduct... →
First diamond recovered from Ellendale
By: Esmarie Iannucci 8th September 2022 Diamond miner Burgundy Diamond Mines has recovered its first diamond from the Ellendale project, in Western Australia, a 1.51 ct Fancy Yellow stone. Burgundy in 2021 struck a two-year option agreement with Gibb River Diamonds to earn full ownership of the project for A$6.7-million in cash,... →
TOMRA Mining demonstrates final recovery sorter’s advantages at Electra Mining
By: Tasneem Bulbulia 8th September 2022 Sensor-based sorting solutions provider TOMRA Mining is enjoying much success from its new diamond final recovery sorter, the COM XRT 300 /FR. The company is conducting live demonstrations of this at the week-long Electra Mining Exhibition, in Johannesburg, to showcase first-hand the unique... →
Botswana Diamonds secures prospecting licence in the Northern Cape
By: Darren Parker 5th September 2022 Aim-listed Botswana Diamonds has been granted a five-year prospecting licence, until June 2027, on ground containing the Reivilo cluster of kimberlites in Barkley West, in the Northern Cape province of South Africa. The licence is located about 110 km north-east of the actively producing Finsch... →
Mountain Province reports fatality at Gahcho Kué
By: Creamer Media Reporter 2nd September 2022 TSX-listed Mountain Province Diamonds on Friday announced that an employee of a contractor partner company had died of injuries sustained in an incident at the Gahcho Kué mine a day earlier. The mine is a joint venture between Mountain Province Diamonds, which owns 49% of the project, and De... →
Lucapa fired up for discovery in Angola
By: Esmarie Iannucci 2nd September 2022 Diamond miner Lucapa has recovered a 160 ct white Type IIa diamond from its Lulo operation, in Angola, putting fire to the company’s ambitions of finding the primary source of the large diamonds being discovered in the region. The 160 ct diamond is the 28th diamond of more than 100 ct to be... →
Standard Bank provides R4bn to De Beers for Venetia underground project
By: Darren Parker 1st September 2022 Financial institution Standard Bank has provided R4-billion of a total R10-billion syndicated debt funding package required by diamond miner De Beers for the largest single investment in South Africa’s diamond industry and one of the largest mining investment projects currently under way in... →
Diamond demand recovering amid challenging operating conditions
By: Darren Parker 1st September 2022 The global diamond market has continued on its recovery trajectory for the first half of this year, said diamond producer Gem Diamonds, which reported positive demand for its diamonds for the period while global events continued to negatively affect operational costs. Gem said in its interim... →
151-ct coloured diamond recovered from edge of Canada’s Arctic Circle goes on sale
By: Creamer Media Reporter 1st September 2022 Toronto-listed Mountain Province Diamonds will next week put on sale an “exceptional” coloured rough diamond, which it recovered from the Gahcho Kué mine, in Canada's Northwest Territories. The diamond, a 151.60 t octahedron of exceptional clarity, will be offered for sale alongside a selection... →
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